On Thursday, U.S. President Joe Biden and Vice President Kamala Harris met with top tech CEOs to discuss the risks and regulations needed for AI systems. The meeting came hours after the White House announced a number of new AI initiatives, including $140M in funding to create seven new National AI Research Institutes. More: - Biden "dropped by the meeting" that was led by Harris and attended by other administration officials. They met with the CEOs of Alphabet, Anthropic, OpenAI, and Microsoft.
- Harris said in a statement that AI has the potential to improve lives but could pose risks to safety, privacy, and civil rights.
- She told the CEOs that they have a "legal responsibility" to ensure the safety of their AI products and that the administration is open to advancing new AI regulations and supporting new legislation.
- Likewise, Biden told the executives that what they are pursuing "has enormous potential and enormous danger."
- A White House official said Biden was extensively briefed on ChatGPT and has experimented with the system.
New initiatives: - Also on Thursday, the administration unveiled a $140M investment from the National Science Foundation to establish seven new AI research institutes in the U.S., bringing the total to 25. The research centers will apply AI to areas like public health, climate change, and agriculture.
- The White House Office of Management and Budget also announced plans to issue draft policy guidance on how federal agencies can use AI tools. The guidance will be open to public feedback starting this summer.
- Lastly, top AI developers, including Anthropic, Google, Hugging Face, and Microsoft, have agreed to participate in a public evaluation of generative AI systems during an August hacker event. The "exercise" will gauge how well the systems adhere to the Biden administration's AI Bill of Rights blueprint.
THE NEW YORK TIMES 
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What happened: Accenture estimates that large language models could impact up to 40% of all working hours, given that language tasks consume around 62% of employees' time. Why it matters: While the risks of job loss are hard to ignore, Accenture believes that human employees can benefit from the expertise of Ai-powered machines. Job tasks can be "transformed into more productive activity through augmentation and automation," the company writes in its latest report, "A new era of generative AI for everyone." By the numbers: Accenture estimates that 65% of all language-related duties at jobs have a "high potential" to be automated or augmented by large language models such as ChatGPT. In particular, the banking, insurance, and software industries have the most job duties with a higher likelihood of automation. The big picture: Since generative AI is already reshaping many workplaces, Accenture says success requires the same attention on AI technology as upskilling and training employees. This means developing talent in areas like AI engineering and training the whole workforce to use AI effectively. 
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 A message from TRUERA LLM Testing and Monitoring – Join the Hands-On Workshop How can you ensure that your large language model is honest, harmless, and helpful? Join TruEra on May 11th and 18th as their President and Chief Scientist, Anupam Datta, provides a hands-on overview of how to analyze and improve the performance of your LLMs. During the two 60-minute online sessions, he will cover the following: - Quick introduction to LLMs - what are they and their history?
- Risks and challenges of LLMs: is your LLM honest, harmless, and helpful?
- Defining feedback functions to model LLM quality and performance
- How should you test and monitor LLMs?
- Live walk-throughs of how to identify, diagnose, and debug model issues in development and production
- Q&A with Professor Datta
Dates: 2-session series on May 11th and 18th Where: Virtual Event - Join from Anywhere Who should attend: Data scientists, machine learning engineers, MLOps managers, data analysts, statisticians, data and analytics managers Join for free
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Microsoft has now dropped the waitlist for its AI-powered Bing search engine. People can now use the chat service in an open preview by signing into Bing on Microsoft's Edge browser or the Bing mobile apps on Google Play and Apple's App Store. More: - Bing, powered by OpenAI's GPT-4, was previously in a limited preview that required signing up on a waitlist.
- Microsoft has now added new features to the chatbot service, including a Bing Image Creator powered by OpenAI's DALL-E.
- A new Actions feature in Bing Chat and Edge allows users to complete tasks without leaving sites. The feature, which supports things like restaurant bookings and movie searches, works through the chat interface.
- Additionally, Bing Chat will include richer visual answers through image and video search results and chat history that allows users to continue conversations across devices.
- Microsoft also plans to add export and share features to Bing Chat and is working on multi-modal support, which would enable users to upload images for their content searches.
- Bing now draws over 100 million daily active users daily, according to Yusuf Mehdi, a VP at Microsoft overseeing its AI initiatives.
THE VERGE
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Demis Hassabis, CEO and co-founder of Googe's DeepMind, predicts the arrival of AI with human-level cognitive capabilities in as early as a few years. Speaking at The Wall Street Journal's Future of Everything festival, Hassabis acknowledged that "progress in the last few years has been pretty incredible." More: - Hassabis said artificial general intelligence (AGI), when AI becomes as intellectually capable as humans, "could be just a few years, maybe within a decade away."
- He told the WSJ that recent advancements in AI would help improve computer assistants and other AI software programs.
- Hassabis likened the debut of the next generation of assistant technology, which will be based on AI algorithms, to the launch of Apple's iPhone, stating that it will be a significant shift.
Zoom out: - Google recently announced that it's folding its AI-focused "Brain" team and its DeepMind AI lab into a single unit to help accelerate its AI progress.
- Hassabis is leading the merged unit, which consolidates Google's AI research under a single umbrella.
- Google bought DeepMind in 2014 for $500M.
THE WALL STREET JOURNAL
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Former Google researchers Ashish Vaswani and Niki Parmar, who co-authored the "Attention Is All You Need" paper that set the stage for generative AI, have raised $8M for their AI startup, according to Reuters. Essential AI is reportedly building software for large businesses to utilize large language models. More: - Thrive Capital led the round, with participation from Conviction and angel investor Elad Gil.
- According to Reuters, Essential AI remains in stealth mode and has not introduced any product.
- The startup's funders, Vaswani and Parmar, are former Google Brain researchers who are the first and third co-authors of the paper that introduced the deep learning model known as the Transformer.
- Vaswani and Parmar recently left another AI startup they co-founded, Adept AI, to launch Essential AI.
About Adept: - Adept AI, which is developing AI models that perform tasks from text commands, recently raised $350M in a Series B funding round, giving it a post-money valuation of at least $1B.
- Adept was founded by CEO David Luan, a former Google Research director and former VP and director of engineering at OpenAI.
REUTERS
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QUICK HITS - The company behind these surgical robots is planning to list on Nasdaq. Last day to fund your investment is on 5/10.*
- Hugging Face, an AI startup, and ServiceNow Research, ServiceNow's R&D division, announced StarCoder, a free code-generating AI system that integrates with Microsoft’s Visual Studio Code code editor.
- Record producer Timbaland, a.k.a. Timothy Mosley, has released a song clip featuring an AI version of the late Notorious B.I.G.
- LexisNexis has launched its generative AI product in commercial preview to select law firms. Lexis+ AI can field legal questions and generate and summarize legal drafts and documents.
- Venture capitalist Vinod Khosla says the U.S. is engaged in a high-stakes competition with China to advance AI and cannot afford to slow down. China's advantage in advancing AI is that it "can take many more risks, make many more errors," he told Bloomberg.
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- May 17 - Join Vanta's webinar to see Vendor Risk Management in action and learn about automating security reviews. (Register Here) *
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 |  | Beth is a writer and editor at Inside.com covering artificial intelligence and daily technology news. She has written the Inside AI newsletter since 2019. You can reach her at Beth.Duckett@inside.com. |   | | Editor | Aaron Crutchfield is based in the high desert of California. Over the last two decades, he has spent time writing and editing at various local newspapers and defense contractors in California. When he's not working, he can often be found looking at the latest memes with his kids or working on his 1962 and 1972 Fords. | |
Join us on May 11th and 18th for a hands-on overview of how to analyze and improve the performance of your LLMs. | |
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